Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand

This research article attempts to analyze the relationship between career status and retirement readiness of skilled immigrants in Thailand’s educational sector. This article employed a sample of 319 skilled immigrants in the Northeast of Thailand and performed a statistical analysis utilizing the s...

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Main Authors: Phaninee Naruetharadhol, Sasichakorn Wongsaichia, Martine Van Wouwe, Chavis Ketkaew
Format: Article
Language:English
Published: Taylor & Francis Group 2021-01-01
Series:Cogent Business & Management
Subjects:
Online Access:http://dx.doi.org/10.1080/23311975.2021.1885572
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author Phaninee Naruetharadhol
Sasichakorn Wongsaichia
Martine Van Wouwe
Chavis Ketkaew
author_facet Phaninee Naruetharadhol
Sasichakorn Wongsaichia
Martine Van Wouwe
Chavis Ketkaew
author_sort Phaninee Naruetharadhol
collection DOAJ
description This research article attempts to analyze the relationship between career status and retirement readiness of skilled immigrants in Thailand’s educational sector. This article employed a sample of 319 skilled immigrants in the Northeast of Thailand and performed a statistical analysis utilizing the structural equation modeling (SEM) approach and using age as a moderator for the multi-group analysis (MGA). The empirical results revealed that career status was the primary constructs affecting a skilled immigrant’s capacity to retire readily. It was recommended that skilled immigrants enhance their career status by maintaining salary, improving skills necessary for job tasks, and promptly responding to the labor market demand. The results suggested that career status was a crucial factor allowing skilled immigrants to prepare for retirement effectively. Additionally, career status affects retirement readiness for both immigrants age above and below 30. However, this impact is significantly higher for the older ones.
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spelling doaj.art-b7ca7486898d4e1f9a8f879dfe6099502022-12-22T04:04:20ZengTaylor & Francis GroupCogent Business & Management2331-19752021-01-018110.1080/23311975.2021.18855721885572Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in ThailandPhaninee Naruetharadhol0Sasichakorn Wongsaichia1Martine Van Wouwe2Chavis Ketkaew3Khon Kaen UniversityKhon Kaen UniversityUniversity of AntwerpKhon Kaen UniversityThis research article attempts to analyze the relationship between career status and retirement readiness of skilled immigrants in Thailand’s educational sector. This article employed a sample of 319 skilled immigrants in the Northeast of Thailand and performed a statistical analysis utilizing the structural equation modeling (SEM) approach and using age as a moderator for the multi-group analysis (MGA). The empirical results revealed that career status was the primary constructs affecting a skilled immigrant’s capacity to retire readily. It was recommended that skilled immigrants enhance their career status by maintaining salary, improving skills necessary for job tasks, and promptly responding to the labor market demand. The results suggested that career status was a crucial factor allowing skilled immigrants to prepare for retirement effectively. Additionally, career status affects retirement readiness for both immigrants age above and below 30. However, this impact is significantly higher for the older ones.http://dx.doi.org/10.1080/23311975.2021.1885572career statusretirement readinessskilled immigranteducational sector
spellingShingle Phaninee Naruetharadhol
Sasichakorn Wongsaichia
Martine Van Wouwe
Chavis Ketkaew
Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
Cogent Business & Management
career status
retirement readiness
skilled immigrant
educational sector
title Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
title_full Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
title_fullStr Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
title_full_unstemmed Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
title_short Career status, retirement readiness, and age differences: Empirical evidence from skilled immigrants in Thailand
title_sort career status retirement readiness and age differences empirical evidence from skilled immigrants in thailand
topic career status
retirement readiness
skilled immigrant
educational sector
url http://dx.doi.org/10.1080/23311975.2021.1885572
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AT martinevanwouwe careerstatusretirementreadinessandagedifferencesempiricalevidencefromskilledimmigrantsinthailand
AT chavisketkaew careerstatusretirementreadinessandagedifferencesempiricalevidencefromskilledimmigrantsinthailand